Posted Sep. 18, 2012 at 1:03 p.m.

Premium Lock Yahoo gets $6.3B in cash for Chinese company stake

Published: 2012-09-18 13:03:41
Updated: 2012-09-18 13:03:41

Yahoo logo 12-2011 Yahoo logo
Tags: Internet

Alibaba is paying $7.1 billion to buy back Yahoo's 20 percent stake in the company and an additional $550 million to cover revised technology and licensing agreement. Yahoo will retain a roughly 20 percent stake in Alibaba....

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